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Jpmorgan Chase Bullish Moving Average Crossover Alert (JPM)

By David Diaz

Jpmorgan Chase (NYSE:JPM) shares have crossed bullishly above their 10-day moving average of $108.13 on a volume of 2.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Jpmorgan Chase share prices have moved between a 52-week high of $119.24 and a 52-week low of $91.11 and are now trading 19% above that low price at $108.53 per share. The 200-day and 50-day moving averages have moved 0.06% higher and 0.12% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Jpmorgan Chase. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Jpmorgan Chase in search of a potential trend change.

Keywords: moving crosses JPMorgan Chase

Ticker(s): JPM